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ARGENTINE VP CHARGED IN CORRUPTION SUIT

By   /   June 29, 2014  /   No Comments

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Argentine Vice-President, Amado Boudou. (photo: telegraph.co.uk)

Argentine Vice-President, Amado Boudou. (photo: telegraph.co.uk)

Argentine federal prosecutors have charged the country’s Vice-President, Amado Boudou,  with corruption.

Mr. Boudou, 51, is charged with steering currency printing contracts to a company controlled by him.  The alleged corruption occurred during Boudou’s previous office as Minister of the Economy, according to reporting by the BBC.

In late May, Vice-President was summoned by a federal judge to answer questions surrounding the company, Ciccone Calcografica.  Boudou was questioned for more than seven hours, according the the BBC report.  It is alleged that Boudou hired a ‘straw man’ owner to purchase the company in 2010.

Then, as Minister of the Economy influenced the decision to give Ciccone Calcografica the currency contracts.  The BBC also reports that the company later received tax breaks to pay its debts.

Until these charges arose, Mr. Boudou, recognized for his touseled hair and love of rock music, was considered a leading candidate to succeed President, Cristina Fernandez de Kirchner, in next year’s Argentine national election

Boudou had denied the corruption charges, and was allowed to remain free until his trial.  He will remain in office until the disposition of his trial.

Conviction on the charges carry a sentence six years.

 

 

 

 

 

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